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Japanese Prime Minister Shinzo Abe will be taking 200 business executives to India on August 21-23. The two countries have already agreed to forge an economic partnership agreement within two years, and they also have an ambitious plan to build, with Japanese assistance, a $90 billion industrial corridor with state-of-the-art infrastructure linking Delhi and Mumbai.

As Japanese trade minister Akira Amari begins his India visit tomorrow, official-level talks on a free trade agreement last week ended with wide differences as New Delhi demanded extra safeguards for its domestic industry but Tokyo opposed such concessions.

If the agreements negotiated by Japan with the Philippines and Thailand are anything to go by, the India-Japan Comprehensive Economic Partnership Agreement that is being worked on by the two governments will open the floodgates to Japan’s municipal, medical and hazardous wastes.

The proposed Comprehensive Economic Partnership Agreement between India and Japan is likely to be concluded within the next one year, Commerce Minister Kamal Nath said today. The second round of negotiations for the economic agreement is presently being conducted in Tokyo at the moment.

Korea’s first free trade agreement with Chile, right on the other side of the globe, went into effect on April 1, 2004, bringing significant changes. We enjoy good, cheap Chilean wine and samgyeopsal (fresh bacon), while in Chile, Korean-made mobile phones are a big hit. But our trade deficit increased due to greater raw material imports and over 13,000 Korean farmers sustained harm. So what have been the most significant effects?

India and Japan today agreed to work for a bilateral free trade agreement by early 2009, enhance cooperation between their navies to strengthen maritime security and hold their first ever policy dialogue in the energy sector.

India and Japan today agreed to work for a bilateral free trade agreement by early 2009, enhance cooperation between their navies to strengthen maritime security and hold their first ever policy dialogue in the energy sector.

India and Japan have decided to set up four working groups in goods, services, investment and bilateral cooperation to take forward negotiations on the proposed bilateral comprehensive economic partnership agreement (CEPA).

The India-Japan EPA/CEPA should cover, but may not be limited to trade in goods, trade in services, measures for trade promotion, facilitation and liberalisation of investment flows, measures for promoting economic cooperation in identified sectors and other areas for a comprehensive economic partnership between India and Japan.

A joint study group, which was set up during the Japanese Prime Minister Junichiro Koizumi’s visit to India in 2005, has given the green signal for having a Comprehensive Economic Partnership Agreement (CEPA) between India and Japan.

17-May-2019PIANGO

Despite the failures of the EPA to deliver real development to Pacific countries it looks as though the European Union will once again, through the Post Cotonou Agreement, push for enhanced and undistorted access for European investments to Pacific resources.

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